Investor Presentaiton

Key Financial Highlights - 9M.2022 חברת החשמל Israel Electric Revenues CAPEX NIS 4.0 billion Net Financial Debt (1) EBITDA (2) NIS 17.9 billion $5.4 $1.2 NIS 34.8 billion $10.5 NIS 6.9 billion $2.1 IEC Global Baa1 Stable (Moody's) BBB+ Stable (S&P) Credit Ratings IEC Local Aa1.il Stable (Midroog) ilAAA Stable (Maalot S&P) Source: IEC's Financial Statements for 9M.2022 1. 2. Net financial debt is a non-GAAP measure that is defined as credit from banks and other credit providers, plus total long-term debt (including debentures, long-term liabilities to banks, including hedge transactions, liabilities to the State of Israel), leases liabilities and CPI linkage differentials regulatory deferral account, cash and cash equivalents, short-term investments, long and short term receivables in respect of forward contracts and swap transactions, and long-term deposits to secure swap transactions. IEC defines "EBITDA" as a Normalized EBITDA - profit (loss) before income taxes, financial expenses, depreciation and amortization, including movement in regulatory deferral accounts, while neutralizing special non-current events Financial Figures presented in USD according to an average USD/NIS exchange rate of 3.32 as of 9M.2022 Investor Relations 7

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